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Economy

China's non-manufacturing PMI rises in August

August 31, 2020


Abstract : The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 55.2 in August, up from 54.2 in July, the National Bureau of Statistics (NBS) said Monday.

BEIJING, Aug. 31 (Xinhua) --The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 55.2 in August, up from 54.2 in July, the National Bureau of Statistics (NBS) said Monday.

A reading above 50 indicates expansion, while a reading below it reflects contraction.

The non-manufacturing PMI has remained above 50 for six months in a row, data from the NBS showed. Enditem

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Keyword: NBS PMI

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